TheStreet lowered shares of Darling Ingredients (NYSE:DAR) from a b- rating to a c+ rating in a research report released on Monday morning.

DAR has been the topic of several other reports. Zacks Investment Research cut Darling Ingredients from a buy rating to a sell rating in a report on Monday, October 16th. Canaccord Genuity upped their price objective on Darling Ingredients from $18.00 to $20.00 and gave the stock a buy rating in a report on Monday, November 6th. Finally, Roth Capital set a $20.00 price objective on Darling Ingredients and gave the stock a buy rating in a report on Tuesday, October 24th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of $19.33.

Shares of Darling Ingredients (DAR) opened at $17.93 on Monday. The stock has a market capitalization of $2,937.92, a P/E ratio of 46.05 and a beta of 1.48. Darling Ingredients has a twelve month low of $12.45 and a twelve month high of $19.50. The company has a current ratio of 1.76, a quick ratio of 1.07 and a debt-to-equity ratio of 0.79.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DAR. New York State Common Retirement Fund increased its position in shares of Darling Ingredients by 2.0% during the 2nd quarter. New York State Common Retirement Fund now owns 174,000 shares of the company’s stock valued at $2,739,000 after purchasing an additional 3,399 shares during the last quarter. California Public Employees Retirement System increased its position in shares of Darling Ingredients by 4.1% during the 2nd quarter. California Public Employees Retirement System now owns 253,300 shares of the company’s stock valued at $3,987,000 after purchasing an additional 9,900 shares during the last quarter. Voya Investment Management LLC increased its position in shares of Darling Ingredients by 12.9% during the 2nd quarter. Voya Investment Management LLC now owns 74,448 shares of the company’s stock valued at $1,172,000 after purchasing an additional 8,521 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Darling Ingredients by 18.9% during the 2nd quarter. HighTower Advisors LLC now owns 20,676 shares of the company’s stock valued at $326,000 after purchasing an additional 3,282 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Darling Ingredients by 52.3% during the 2nd quarter. Goldman Sachs Group Inc. now owns 730,182 shares of the company’s stock valued at $11,494,000 after purchasing an additional 250,864 shares during the last quarter. 97.54% of the stock is currently owned by hedge funds and other institutional investors.

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About Darling Ingredients

Darling Ingredients Inc (Darling) is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy and fertilizer industries.

Analyst Recommendations for Darling Ingredients (NYSE:DAR)

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